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Turkey

Turkey, an export factoring market to follow…

1980 was a milestone for the Turkish economy. The decade saw many changes for the economy and the financial system, as well as politically and socially. One of the new ‘happenings’ was factoring. (more…)

#bank#International Trade#management

Garanti Factoring raises TRY 296 million through domestic bond...

Garanti Factoring announces the results of domestic bond issuance for the purpose of financing trade receivables. (more…)

#bank#funding#receivables


Tungsten to offer factoring to Turkish businesses

OB10, part of the Tungsten Corporation, and Digital Planet form an alliance... (more…)

#cash-flow#digital#electronic invoicing


Turkish Factoring Association disbanded

Factoring Association passes the baton to the Union of financial institutions. (more…)

#bank#financial institutions#leasing


EBRD channels USD100m through Garanti Bank for Turkish SMEs

The European Bank for Reconstruction and Development (EBRD) is channelling up to US$100 million (up to EUR73 million) to one…

#bank#SME financing#SME lending


Factoring, financial leasing and financing companies form statutory association

Factoring, financial leasing and financing companies form umbrella, public institution. (more…)

#leasing#receivables#regulation


Garanti Factoring to launch brand new service

Garanti Factoring and the credit insurer Coface sign cooperation agreement. (more…)


Garanti Factoring becomes the most extensive local factoring network

Garanti Factoring opens 10 new branches. (more…)


Turkey: A burgeoning factoring market gaining a good image

Erkan Coplugil, Executive Vice President at Garanti Faktoring Hiz. A.S. offers his views on the Turkish factoring market in an…


Redirrect

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Fitch rates Garanti Faktoring Hizmetleri 'BBB’, Outlook Stable

Fitch gives Garanti Factoring a long-term foreign currency Issuer Default Rating (IDR) of 'BBB' with Stable Outlook. (more…)

#bank#financial services#management


Turkish factor to borrow EUR16.8m on capital market

Cagdas Faktoring announced covered bond issue. (more…)

BRSA: New factoring branches must have minimum TLY1m capital

BRSA updated principles for the establishment and operation of financial leasing, factoring and consumer finance companies. (more…)

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